According to the public record, 2 Honeycrock House, Redhill is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Honeycrock House, Honeycrock Lane, Redhill, RH1.
Honeycrock Lane, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
2 Honeycrock House, Redhill has 51 entries in the Land Registry database, most recently in July 2013 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Honeycrock House Redhill as £221,279 and the rental value as £1,141 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Honeycrock House Redhill has increased by £1,750 (0.8%) and its rental value has increased by £60 per month (5.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Honeycrock House, Redhill is in very good condition we estimate a sale value of £232,343 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,789 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £221,279, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,088 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2 Honeycrock House, Redhill was last sold on 31 Jul 2013 for £143,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jul 2013, the market for similar properties has risen 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Honeycrock House, Redhill within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Flat 5, Westside House, Dunraven Avenue, Redhill, RH1 5HN, a Leasehold flat which sold for £234,000 in Dec 2020.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Honeycrock Lane, Redhill, RH1 has a total of 95 addresses. According to our analysis of all the public data, 2 Honeycrock House, Redhill is the 84th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in RH1.
2 Honeycrock House, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Honeycrock House, Redhill is Salfords (Surrey) station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Honeycrock House, Redhill, 52.7% of property is privately owned with a mortgage and 23.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Honeycrock House, Redhill, 17.4% of residents are recorded as possessing school level qualifications and 40.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Honeycrock House, Redhill, the average age was 40.8 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Honeycrock House, Redhill, 0.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Honeycrock House, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.